$OM (MANTRA) Crashes -92%: What Really Triggered It?
Body:
In a shocking move today, OM (MANTRA) saw a catastrophic -92% price drop — plunging from over $6 to just $0.45 in a single candle. But this wasn’t a random event. Here’s what actually happened:
1. Genesis Airdrop – The Quiet Spark
On March 18, 2025, Mantra quietly rescheduled its Genesis Airdrop & Incentivized Testnet, moving the event up from March 23. This likely led to widespread token distribution ahead of schedule.
2. Delayed Unlocks = Coordinated Dump?
Although the airdrop was communicated earlier, the actual transfers seem to have occurred recently—possibly even today. With little clarity on vesting terms or lockups, massive sell-offs began, especially from whales and early testnet users.
3. Low Liquidity + Panic = Instant Collapse
With thin buy-side liquidity, the market couldn’t absorb the sell pressure. As stop-losses triggered and panic spread, the price collapsed rapidly, forming the now-infamous -92% candle.
---
Golden Lion Trading Takeaways:
Always monitor token unlock schedules and airdrop activity
Sudden unlocks often lead to steep dumps
Watch key whale wallets and liquidity zones for signs of big moves
This crash is a textbook example of how token fundamentals + poor timing = market chaos.
Stay alert, Lions.
Follow Golden Lion Trading – Official for timely insights, crypto psychology tips, and halving-season playbooks that matter.
